Man Launches Long Short Fund

Man Investments (USA) LLC serves as the fund’s investment
adviser and is part of Man’s Multi-Manager Business which has
approximately $12.7 billion in funds under management globally as of
September 30, 2011.

The Man Long Short Fund requires an investment minimum of $50,000 and provides a transparent
and liquid way to access up to 30 leading long/short equity managers in a
diversified portfolio. The fund will allocate to managers in the U.S.,
Europe, Asia, and Emerging Markets. Investors will receive scheduled
monthly liquidity and 1099 tax reporting. The Board of Trustees does not
currently intend to undertake a holdback on tenders.

Man believes the potential downside protection exhibited
by long/ short equity strategies is the key to their return profile and
the basis through which these disciplines can offer more positive
risk-adjusted returns relative to traditional long-only equity
strategies.